S.Africa sees vehicle exports up sharply in '06

Newswire

JOHANNESBURG, Jan 24 (Reuters) - South Africa aims to export an estimated 205,500 vehicles in 2006, up from 139,912 in 2005, and expects exports to grow to 240,500 in 2007, an industry body said on Tuesday. Auto production is the second-biggest industry in South Africa's manufacturing sector, which accounts for more than 16 percent of its economy, the biggest on the continent. The National Association of Automobile Manufacturers of South Africa (NAAMSA) said on Tuesday that the projected ...

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